October 31, 2014 · Posted in Economy · Comments Off on GST Voucher in October 2014

As a Singaporean citizen or Singapore Permanent Resident (PR), life shouldn’t be that bad. Despite the inflation happening all around the world, prices have been going up in this small island of Southeast Asia. The Singapore government has introduced GST Voucher quite some time ago, and it has still been on-going until today.

In the month of October, I have received a U-Save rebate of S$55 to offset my utilities bill (Singapore Power Services). This is quite significant, considering that U-Save is given out every quarter (the last time I received was in July 2014). Needless to say, it goes by the Flat Type that you are staying in. A smaller size apartment, e.g. 1-room flat, would receive much more U-Save rebate amount as compared to a larger size apartment.